Settings8H · net · $10k
Funding arb · Price arb /

EDGE

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0398%/8h= −43.6% APRnext payment $1.99 per $10,000 · paid last 24h −0.085%
Price spread now: KuCoin against Aster−0.037%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$543as in the Price arb table
costs, in and out, $10k−$5425.419% of the position
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)−0.228%−$23 on $10k
Price spread, last 4 days (all we have)−0.078%−$8 · spread now −0.037%, 7d avg −0.029%
Together, before fees−0.306%+ Points / potential airdropAster: Stage 5 · farm board−$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster EDGEUSDT0.59850.0498pay 0.0249% / 4h18m 13s$60K$152K5x
ShortKuCoin EDGEUSDTM0.59830.0100get 0.0050% / 4h18m 13s$2.1M$2.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Aster. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$83.54
Price spread: −0.037% → −0.029%
−$0.82
Slippage, 4 orders
−$521.95
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$626.31
Costs to cover
5.419%
Break-even
never at this rate
Slippage from Aster: live order book, 38 min ago; KuCoin: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 38 min ago6.75 bp64.4 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago4.18 bp311.8 bp −$312932.1 bp −$9,321doesn't fitdoesn't fit

EDGE on 17 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Backpack EDGE_USDC_PERP−0.0086%1h0.5982−0.047%$58K$111K3.3xas long as short
Lighter EDGE+0.0096%1h0.5973−0.211%$44K$19K3xas long as short
Bybit EDGEUSDT+0.0100%4h0.5976−0.154%$7.2M$3.4M25xas long as short
KuCoin EDGEUSDTMshort+0.0100%4h0.5983−0.037%$2.1M$2.2M50x
Bitget EDGEUSDT+0.0100%4h0.5981−0.070%$4.8M$1.1M20xas long as short
Variational Omni EDGE+0.0100%4h0.5972−0.214%$189K$136Kas long as short
GRVT EDGE_USDT_Perp+0.0100%4h0.5979−0.104%$2K$2.3M10xas long as short
ApeX Omni EDGEUSDT+0.0100%1h0.5989+0.063%$9K$305K50xas long as short
SunX EDGE-USDT+0.0100%4h0.5943−0.705%$3K$626K10xas long as short
OKX EDGE-USDT-SWAP+0.0404%4h0.5987+0.030%$3.8M$5.9M20xas long as short
Show all 17 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX EDGEUSDC+0.0437%4h0.5986+0.016%$14.3M$3.6M30xas long as short
MEXC EDGE_USDT+0.0438%4h0.5981−0.070%$1.1M$899K50xas long as short
Binance EDGEUSDT+0.0454%4h0.5982−0.060%$10.3M$10.5M50xas long as short
Extended EDGE-USD+0.0456%1h0.5980−0.088%$27K$193K5xas long as short
BloFin EDGE-USDT+0.0460%4h0.5984−0.020%$660K$103K50xas long as short
Aster EDGEUSDTlong+0.0498%4h0.5985long leg$60K$152K5x
Orderly PERP_EDGE_USDC+0.0568%4h0.5983−0.037%$3K10xas long as short